Articles of Incorporation

If you will be incorporating in Maine, articles of incorporation must be filed with the Maine Secretary of State. Maine law requires that certain information be included in your articles of incorporation. The following is a summary of those requirements:

Incorporators

  • Minimum Number of Incorporators – One or more
  • Eligibility Requirements – None
  • Duties – Delivering articles of incorporation to the Secretary of State for filing
  • Listing Requirements – The name and mailing address of each incorporator must be listed

Corporate Purpose(s)

Incorporating in Maine can occur for any lawful business activity.

  • Listing Requirements – Not required in the articles

Director Information

  • Minimum Number of Directors – One or more, to be listed in the bylaws or fixed in accordance with them
  • Eligibility Requirements – None. However, the articles of incorporation or bylaws may prescribe qualifications for directors
  • Listing Requirements – Not required in the articles

Officer Information

  • Officers are not required to be listed in the articles of incorporation

Stock Information

  • The number of shares that the corporation is authorized to issue
  • If there is more than one class, the number of shares per class and a description of the rights in each class must also be included

Other Required Listing Information

  • The street address and mailing address, if different, of the corporation’s initial registered office and the name of its initial clerk at that office
  • The clerk’s signed acceptance

Optional Provisions

Maine also permits optional provisions to be integrated into the articles of incorporation for corporations who wish to formalize additional criteria, such as:

  • The names and addresses of the initial directors
  • Managing the business and regulating the affairs of the corporation
  • The corporate purpose(s)
  • Regulating the powers of the corporation, its board of directors, and shareholders
  • A par value for authorized shares or classes of shares
  • Personal liability of shareholders for corporate debts in certain situations
  • Limitation of liability or indemnification of directors to the corporation or its shareholders for money damages in certain situations

United Agent Services allows you to designate whether any or all of these provisions should be included when incorporating in Maine.